FLINT, Mich. (AP) — The winter storm pushing through the Midwest forced General Motors Co. to temporarily halt production at its Flint Truck Assembly plant. GM says it sent workers home at 10:30 a.m. Tuesday because of a parts shortage. Hazardous roads in Ontario have closed the Blue Water Bridge between Port Huron, Mich.
RADNOR, Pa. -- Airgas, Inc. recently noted that Air Products & Chemicals, Inc. has announced a revised tender offer to acquire all outstanding common shares of Airgas at a price of $70.00 per share in cash. Consistent with its fiduciary duties and as required by applicable law, the Airgas Board of Directors will review the revised tender offer to determine the course of action that it believes is in the best interests of the Company and its stockholders.
CLEVELAND, Ohio—Jergens Industrial Supply (JIS), a division of Jergens, Inc., recently announced that it has acquired the assets of the Cutting Tool and Industrial Supply Division of The George Whalley Company. Together, JIS and The George Whalley Company offer 100 years of combined experience and, with this acquisition, JIS becomes the largest and most technically advanced industrial distributor within 150 miles of Cleveland.
Globalization is an economic tidal wave that is sweeping over the world. It can’t be stopped, and there will be winners and losers. People around the globe are more connected to each other then ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available in all parts of the world.
A reliable material handling application allowed one company to minimize inventory tracking errors and receive more comprehensive and precise project status updates. Problem: Many manufacturing companies use manual processes to track inventory and provide project status updates.
Capital Safety (Red Wing, MN) has launched the latest product in its Delta harness line from DBI-SALA, which provides premium comfort and ease of use. The newest full-body harness has an improved ergonomic fit, lighter-weight buckles, and high-strength webbing. The harness also uses a No-Tangle triangle pattern, which creates a frame that allows the harness to easily fall into place when worn, and maintains an ideal spacing of shoulder straps to eliminate rubbing and chafing.
Moyno (Springfield, OH) offers the Moyno® 2000 Progressing Cavity Pump with a unique gear joint that allows the versatile, high-performance pump to handle a wide range of applications. The Moyno 2000 Pump features a crowned gear universal joint drive train configuration that is designed to provide exceptional torque and thrust control.
Anver (Hudson, MA) now offers an air-powered, below-the-hook vacuum lifter. According to the company, it is designed to lift precision metal coils up to four feet in diameter from the skid to the winding machine. The Anver VPFL-4 Air-Powered Vacuum Lifter has an “X” frame with adjustable suction pads and spring suspensions to accommodate and grip precision metal coils up to 4 ft.
Thomas & Betts (Memphis, TN) introduces its Steel City pre-frab box bracket with far-side and cable support. According to the company, it combines three component parts into one, simplifying installation and reducing inventory. Compatible with four-inch and 4 11/16-inch boxes, it can be either right or left-stud mounted.
In mid-November, students from the Engineering and Design Academy toured Pittsburg, California-based manufacturer Bishop-Wisecarver as part of a day-long trip to visit local manufacturers. The high school students were able to receive an up-close-and-personal look at how products at the manufacturer were made.
DETROIT (AP) — General Motors Co. is offering buyouts to several thousand skilled trades workers at 14 plants around the U.S. The company estimates it has 2,000 more skilled trades workers than it needs right now. Skilled trades workers do jobs that need special training, like electrical work and welding.
NEW YORK (AP) — Top corporate executives expect to hire more workers and spend more on their companies over the next six months. A survey from Business Roundtable, an association of CEOs of big U.S. companies, shows 45 percent of executives say they expect their companies to add more workers.
CLEVELAND (AP) — TransDigm Group Inc., an aircraft parts supplier, expects its fiscal 2011 revenue to beat Wall Street's expectations. The Cleveland-based company also said Monday that it is seeing clearer signs of aerospace stabilization. TransDigm anticipates that its full-year revenue should be in a range of $1.
WASHINGTON (AP) — The top executive at General Motors said Friday that the automaker's attempt to rebound from its bankruptcy is being hindered by salary limits the government has clamped on executives at companies that accepted federal bailouts. GM CEO Dan Akerson said in a speech to the Economic Club of Washington, D.
WASHINGTON (AP) — U.S. business inventories at the wholesale level rose for the 10th straight month in October while sales were up by the largest amount in seven months. The Commerce Department reported Thursday that wholesale inventories rose 1.9 percent in October, a much larger gain than many economists were expecting.
WASHINGTON (AP) — The U.S. trade deficit fell to its lowest level in nine months, as growing demand for American goods overseas pushed exports to their highest level in more than two years. The trade deficit narrowed to $38.7 billion in October, the Commerce Department reported Friday.
According to Jason Fried, co-founder and president of 37 Signals, M&M's (managers and meetings) at the office are ruining work productivity. Fried says the majority of employees are being interrupted by various unintended distractions (managers and meetings being two of the more prevalent distractions), making the "work day" into a series of segmented "work moments.
MORGANTOWN, W.Va. (AP) — Fifteen West Virginia families who blame ailments ranging from rashes to cancer on long-term toxic exposure to former DuPont zinc-smelting plant are heading back to state court. U.S. District Judge Irene Keeley remanded their lawsuit to Harrison County Circuit Court in a ruling Monday.
COLUMBIA, S.C. (AP) — South Carolina Gov.-elect Nikki Haley says her new Cabinet pick to run the state's labor agency will lead efforts to fight unions, particularly at Boeing's new North Charleston plant. Haley said Wednesday the state Department of Labor, Licensing and Regulation will play a big role in keeping unions out of the Boeing Co.
READING, England – Wolseley recently announced its first quarter earnings results. According to the company, Revenue increased by 2% and like-for-like revenue increased by 4%. Gross margin was 27.0%, 0.2% ahead after adjusting for disposals. Operating costs were £23 million lower than last year principally due to disposals.